523 BELVEDERE CLEARWATER Road, North Augusta, SC 29841 (MLS# 529442)

523 BELVEDERE CLEARWATER Road, North Augusta, SC 29841

$725,000
Property Type: Commercial Sale Square Footage: 7,450 Lot Size (sq. ft.): 46,696 Status: Closed
Current Price: $725,000 List Date: 5/22/2024 Last Modified: 12/29/2024

Overview

Description

Meybohm Commercial is proud to present 513-523 Belvedere Clearwater Road in North Augusta, SC, a prime value-add investment opportunity strip center for sale. This concrete building with a brick veneer, built in 1973, features six units ranging from 700 to 1,950 sq ft, all on month-to-month leases, allowing for flexible lease renewals and potential rent increases. Tenants handle their own utilities, reducing overhead costs for the owner. There is an immediate opportunity to increase the 4 MTM retail tenants rent and add additional leases in the two spaces that the seller previously occupied totaling around 3,450 sq ft, will now be available for the new owner to occupy or lease to tenants at market rate. (The last brick space on the right is not part of the sale). This value-add strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25. The property inclu ...

Listing Details MLS# 529442

Location, Tax & Legal

Street #
523
Street Name
BELVEDERE CLEARWATER
Street Suffix
Road
County
Aiken
State
SC
Zip Code
29841
MLS Area Major/Quadrant
Aiken (1AI)
Subdivision Name
None-1ai
Parcel Number
0120612009

Contract Info

Property Sub Type
Office
Original List Price
785000
Triple Net Y/N
No
Tenancy
Multiple

General Property Info

Lot Size Acres
1.072
Lot Size Dimensions
231' x 193'
Zoning
UD
Total SqFt
7450
Living Area Source
Public Records
Year Built
1973
# Retail SqFt
7450
List Price/Acres
733644.86
List Price/SqFt
105.37

Status Change Info

Pending Date
2024-09-24
Closed Date
2024-11-21
Sold Price/ Acres
677570.09
Sold Price/SqFt
97.32

Remarks & Misc

Directions
This value-ad strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25. This property has easy and convenient access for customers and tenants as it is just minutes from downtown North Augusta, a 10-minute drive to downtown Augusta, GA, and 20 mins to Aiken, SC.
Public Remarks
Meybohm Commercial is proud to present 513-523 Belvedere Clearwater Road in North Augusta, SC, a prime value-add investment opportunity strip center for sale. This concrete building with a brick veneer, built in 1973, features six units ranging from 700 to 1,950 sq ft, all on month-to-month leases, allowing for flexible lease renewals and potential rent increases. Tenants handle their own utilities, reducing overhead costs for the owner. There is an immediate opportunity to increase the 4 MTM retail tenants rent and add additional leases in the two spaces that the seller previously occupied totaling around 3,450 sq ft, will now be available for the new owner to occupy or lease to tenants at market rate. (The last brick space on the right is not part of the sale). This value-add strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25. The property includes a parking lot with ample parking and lighting, as well as significant signage opportunities to enhance visibility. Situated between two main roads (Hwy 25 and I-520) and close to North Augusta and the Highland Springs development, this strip center is well-positioned for increased rental income and long-term appreciation in the thriving Central Savannah River Area (CSRA). Parcel ID's: 012-06-12-005 012-06-12-006 012-06-12-007 012-06-12-008 012-06-12-009

Current Use

Commercial
Yes
Office
Yes
Retail
Yes

More Information

Business Type

Professional/Office
Yes
Retail
Yes
Strip Center
Yes

Possible Use

Commercial
Yes
Office
Yes
Retail
Yes

Structure Type

Retail
Yes
Office
Yes

Parking Features

Parking Lot
Yes
Paved
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Underground Utilities
Yes
Water Connected
Yes

Water Source

Public
Yes

Improvements

Curbs
Yes

Sewer

Public Sewer
Yes

Exterior Features

Lighting
Yes

Lot Features

Corner Lot
Yes
Level
Yes
Rectangular Lot
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Asphalt
Yes
Paved
Yes

Restrictions

Right of Way
Yes
Underground Utilities
Yes

Land Options

Included
Yes

Possession

Close Of Escrow
Yes

Showing Requirements

Call Listing Agent
Yes
Restricted Hours
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Property Features

Business Type: Professional/Office; Retail; Strip Center Current Use: Commercial; Office; Retail Possible Use: Commercial; Office; Retail Structure Type: Retail; Office Parking Features: Parking Lot; Paved Utilities: Electricity Connected; Sewer Connected; Underground Utilities; Water Connected Improvements: Curbs Exterior Features: Lighting Lot Features: Corner Lot; Level; Rectangular Lot Water Source: Public Sewer: Public Sewer Road Frontage Type: State Road Road Surface Type: Asphalt; Paved Restrictions: Right of Way; Underground Utilities Land Options: Included Possession: Close Of Escrow Showing Requirements: Call Listing Agent; Restricted Hours Listing Terms: Cash; Conventional
Listing Office: Meybohm Commercial Properties
Listing Agent: Danielle Meikrantz
Last Updated: December - 29 - 2024
Information deemed reliable but not guaranteed.